What are the aggregate effects of NIMBY policies? How much GDP would we gain from building more in productive cities?
I show that how house prices are modelled matters for the answer. Most popular house price functions and microfoundations *underestimate* policy gains! #econsky
What are the aggregate effects of NIMBY policies? How much GDP would we gain from building more in productive cities?
I show that how house prices are modelled matters for the answer. Most popular house price functions and microfoundations *underestimate* policy gains! #econsky
Laia Bosque-Mercader @laiabosque.bsky.social
Gabriele Guaitoli @gguaitoli.bsky.social
Antonia López-Villavicencio
Rubén Poblete-Cazenave
Alessio Romarri @alessioromarri.bsky.social
www.uab.cat/en/applied-e...
Laia Bosque-Mercader @laiabosque.bsky.social
Gabriele Guaitoli @gguaitoli.bsky.social
Antonia López-Villavicencio
Rubén Poblete-Cazenave
Alessio Romarri @alessioromarri.bsky.social
www.uab.cat/en/applied-e...
www.theguardian.com/australia-ne...
We just passed the single most comprehensive rezoning in the US—legalizing multifamily housing up to 6 stories citywide in a Paris style
Here’s the details 🧵